Technical analysis by TPS_ACADEMY_EDUCATOR about Symbol BTC: Sell recommendation (11/3/2025)

BTC/USDT on the hourly time frame clearly shows the continuation of the bearish structure after the price failed to maintain the 111,000 – 112,000 levels, where a series of Breaking Structure (BoS) and Changing Structure (CHoCH) appeared that confirmed the market’s transition to a strong downtrend. The price is currently trading at an important demand zone between 107,500 – 106,500, which is a potential short-term bounce zone, but selling pressure is still dominant with a clear weakness in the upward momentum after each correction. 📊 Possible scenarios: Bearish scenario (likely): Breaking the 106,500 level will confirm the completion of the downward wave towards the 104,000 – 102,000 areas, followed by a stronger support area at 98,000 – 96,000. Temporary bullish scenario: A limited bounce from the current demand area may bring the price back to test the 110,000 – 111,500 supply area before resuming the downtrend. 🔹 Trading opportunities: Sell after correction towards: 110,000 – 111,000 🎯 Goals: 104,000 – 102,000 🛑 Stop loss: above 111,800 📉 General trend: clearly bearish with strong structural confirmations. 💡 Advice for analysts: Carefully monitor the price behavior around 106,500, as breaking it with a clear close means the price is entering a new distribution wave that may extend to much lower support levels.